Jobs
>
New York City

    ssusa letter of credit specialist - New York, United States - Canon Solutions America

    Canon Solutions America
    Canon Solutions America New York, United States

    4 weeks ago

    Default job background
    Description

    SSUSA Job #1069:
    LETTER OF CREDIT SPECIALIST


    Job Description


    LETTER OF CREDIT SPECIALIST

    One of our global banking clients is seeking a Letter of Credit Specialist to work 3 days a week in the office in New York City starting as a consultant which can turn into a permanent position.


    Key Responsibilities:

    Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Banks credit/ compliance procedures.

    Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.

    Provide assistance/support to clients and corporate groups on technical aspects and practices of letters of credit. Prepare and execute a required letter of credit documents using LCMS, Microsoft Word, or ACBS, as needed. Review daily maturity report to ensure action has been taken on applicable, for maturing transactions.


    Description:
    Properly record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required.

    Monitor pending inquiries, discrepancies and resolution of documents filed, ensure that all items are actively traced via correspondence with respective parties, tickler schedule and actively follow up until payment is secured and the transaction is finalized.

    Ensure amendment notices/confirmations are completed and forwarded to clients or commercial groups by the L/C Administrator. Coordinate clearing/reconciling of open cash items and daily exceptions reported by the CBO Control Unit for the L/C portfolio. Ensure that the Letters of Credit file contains relevant supporting documentation i.e. copy of the executed letter of credit/ amendments and completed compliance checklist when required.

    Ensure timely disbursement of funds, as required for LC drawings, and record transactions through the Banks accounting system (ACBS) for accurate accounting and reporting.

    Ensure SWIFT messages for LC transactions are processed properly. Ensure all documentation for Documentary and Standby Letter of Credits are compliant. Escalate any compliance matters to both Management and Compliance. Review past due fee report for LC portfolio to ensure accuracy and timely presentation for management reporting
    SEND YOUR RESUME TO .COM
    MENTION JOB 1069 IN THE SUBJECT BOX
    #J-18808-Ljbffr
  • ING

    Letters of Credit Specialist

    1 week ago

    ING New York, United States

    Operations | TCF Operations | Letters of Credit| NYC · About ING: · - Ranked #8 on LinkedIn Top Companies in Financial Services_ · - Crain's 100 Best Places to Work_ · - Ragan's Top Places to Work in 2023_ · In Americas, ING's Wholesale Banking division offers a broad range of in ...

  • Citi

    Investment Grade Credit Sector Specialist

    1 week ago

    Citi New York, United States

    The Credit Sector Specialist is a Vice President level position responsible for overseeing client analysis and reporting, in coordination with the Leveraged Trading team. The overall objective of this role is to utilize research to improve existing products and regularly engage c ...

  • Morgan Stanley

    Wm Fixed Income Credit Product Specialist

    3 weeks ago

    Morgan Stanley New York, United States

    WM Fixed Income Credit Product Specialist · Job Number: · 3252046 · POSTING DATE: May 7, 2024 · PRIMARY LOCATION: Americas-United States of America-New York-New York · EDUCATION LEVEL: Bachelor's Degree · JOB: Wealth Management · EMPLOYMENT TYPE: Full Time · JOB LEVEL: Analyst · ...

  • Bank of America

    Counterparty Credit Risk Specialist

    1 week ago

    Bank of America Jersey City, United States

    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. · One of the keys t ...

  • Groupe Seb

    Credit & Risk Specialist

    2 weeks ago

    Groupe Seb Parsippany, United States

    **Close to you anywhere in the World** · - Groupe SEB is the global reference for small domestic appliances, cookware and professional coffee with its portfolio of 35 emblematic brands such as Tefal, Seb, Rowenta, Moulinex, Calor, Lagostina, Krups, WMF. Present in 150 countries, ...

  • Sigmaways

    Credit Risk Specialist

    1 week ago

    Sigmaways New York, United States

    We are seeking a Credit Risk Specialist for our direct client with experience in BSA/AML and financial risk management. · Responsibilities : · Reviews all pertinent credit and financial information, including business and personal financial statements, spreadsheets, cash flow an ...

  • Hire Innovative

    Credit Sales Specialist

    4 weeks ago

    Hire Innovative New York, United States

    Credit Sales Specialist · New York, NY | Full-time · Our client is looking for a dynamic Credit Sales Specialist who will be responsible for identifying and developing new business opportunities. In this role, you will be expected to research and target potential clients, generat ...

  • Citigroup Inc.

    Credit Sector Specialist

    1 week ago

    Citigroup Inc. New York, United States

    The Credit Sector Specialist is a Vice President level position responsible for overseeing client analysis and reporting, in coordination with the Leveraged Trading team. The overall objective of this role is to utilize research to improve existing products and regularly engage c ...

  • Constrafor

    Credit Sales Specialist

    2 weeks ago

    Constrafor New York, United States

    Job Description · Job DescriptionConstrafor is a SaaS and fintech platform purpose-built for construction. We are setting new standards of productivity and cost-efficiency for the way General Contractors and Subcontractors manage procurement & financial transactions. With over $1 ...

  • ING

    Letters of Credit Specialist

    1 week ago

    ING New York, United States Full time

    Operations | TCF Operations | Letters of Credit| NYC · About ING : · In Americas, ING's Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. · When you come to work at ...

  • KYYBA Inc

    Credit Management Specialist

    2 weeks ago

    KYYBA Inc New York, United States

    Business Overview: · Corporate Credit Management ("CCM") is a transversal team in support of the approximately 800 Corporate Clients of the North American platform. The CCM team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate p ...

  • ING

    Letters of Credit Specialist

    1 week ago

    ING New York, United States Full time

    Operations | TCF Operations | Letters of Credit| NYC · About ING: · Ranked #8 on LinkedIn Top Companies in Financial ServicesCrain's 100 Best Places to Work · Ragan's Top Places to Work in 2023 · In Americas, ING's Wholesale Banking division offers a broad range of innovative fi ...

  • Kyyba

    Credit Management Specialist

    1 week ago

    Kyyba New York, United States

    Business Overview: · Corporate Credit Management (CCM) is a transversal team in support of the approximately 800 Corporate Clients of the North American platform. The CCM team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate pl ...

  • Selby Jennings

    Credit Sales Specialist

    1 day ago

    Selby Jennings New York, United States

    About Us · We are partnered with a leading financial data analytics firm, collaborating with top financial institutions to create the most advanced contributed credit risk data platform available. Their services enable clients to identify, quantify, and monitor credit risk across ...

  • Mothership

    Junior level Credit Specialist

    1 week ago

    Mothership New York, United States

    Credit Analyst will mitigate credit risk exposure by completing reviews of incoming clients utilizing our payroll services. Provides advanced client service and technical product support to our internal and external partners. Ensures timely and accurate problem resolution while m ...

  • Blue Owl

    Associate, Credit Product Specialist

    5 days ago

    Blue Owl New York, United States

    Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. · With over $174 billion in assets under management as of March 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permane ...

  • Mothership

    Junior level Credit Specialist

    6 days ago

    Mothership New York, United States

    Credit Analyst will mitigate credit risk exposure by completing reviews of incoming clients utilizing our payroll services. Provides advanced client service and technical product support to our internal and external partners. Ensures timely and accurate problem resolution while m ...

  • Citi

    Investment Grade Credit Sector Specialist

    3 weeks ago

    Citi New York, NY, United States

    Job Description · The Investment Grade Credit Sector Specialist's primary function is to act as the intermediary between institutional investors and the firm's secondary and primary trading groups for both corporate bonds and credit derivative products. · We expect that candida ...

  • LEMLE & WOLFF

    Tax Credit Compliance Specialist for Affordable

    5 days ago

    LEMLE & WOLFF Bronx, United States

    For over 75 years, our company has invested in NYC neighborhoods, prioritizing housing as a human right. We focus on quality, sustainable housing with modern amenities. Our family of companies has built and managed thousands of affordable apartments, totaling over 7,000 units cit ...

  • Morgan Stanley

    WM Fixed Income Credit Product Specialist

    2 weeks ago

    Morgan Stanley New York, NY, United States Full time

    MSWM Capital Markets Fixed Income Products and Content Specialist · Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worl ...